Retail

The New Jersey retail landscape has changed, but the spending power of its residents hasn’t. Owners of malls, shopping centers and mixed-use projects will continue to adapt and invest in the state.

Retail
Paramount inks lease in Somerville with custard, yogurt chain

A frozen custard chain has opened its doors in downtown Somerville, under an 800-square-foot lease with property owner Paramount Assets.

Retail
Howell retail center trades for $6.4 million, Gebroe-Hammer says

A neighborhood retail center in Howell has changed hands for more than $6.4 million, following a sale arranged by Gebroe-Hammer Associates.

Retail
LMC touts new management assignments in New Jersey, Pennsylvania

Levin Management Corp. has added to its portfolio in recent months with six new shopping center assignments in New Jersey and Pennsylvania, the firm announced.

Retail
CBRE touts deals with apparel, Pilates tenants at Somerset Co. retail center

A clothing and home décor chain and a boutique Pilates studio are set to join the roster at a 218,000-square-foot retail center in Bound Brook, brokers with CBRE said Tuesday.

Professional Services
Brunelli announces hire for newly created tenant rep position

R.J. Brunelli & Co. LLC has brought on a retail industry veteran to fill a newly created position.

Retail
LA Fitness takes 45,000 sq. ft. in Lodi, Goldstein Group says

LA Fitness is expanding its footprint in northern New Jersey with a new location in Lodi, following a 45,000-square-foot lease arranged by The Goldstein Group.

Retail
Franklin retail center trades for $12.8 million

A private investor has acquired a Somerset County shopping center for nearly $13 million, in a transaction arranged by brokers with Marcus & Millichap.

Retail
Fidelco welcomes new convenience store in downtown Newark

A well-known office complex in downtown Newark has a new addition for its tenants and other nearby users — a new Krauszer’s convenience store on its ground floor.

Retail
Somerville retail property trades for $2.3 million, Marcus says

A private investor has sold a 13,000-square-foot retail property in downtown Somerville, according to brokers with Marcus & Millichap who arranged the deal.

Retail
LMC: Filipino grocer takes 16,000 sq. ft. in Clifton

A Filipino grocer is expanding in northern New Jersey with a new 16,000-square-foot lease in Clifton, in a transaction announced by Levin Management Corp.